2019/2020
BA-BDMAO2001U Financial Accounting and Reporting and its
Digital Context
| English Title |
| Financial Accounting and Reporting
and its Digital Context |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Bachelor |
| Duration |
One Semester |
| Start time of the course |
Autumn |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
BSc in Digital Management
|
| Course
coordinator |
- Kirstin Becker - Department of Accounting
(AA)
|
| Main academic
disciplines |
|
|
| Teaching
methods |
|
|
|
Last updated on
28/06/2019
|
| Learning objectives |
After having completed the course students should
be able to:
- Apply the accounting equation and double entry-accounting
- Explain the difference between cash and accrual accounting
- Prepare financial statements based on accounting
transactions
- Calculate financial ratios and analyze the information content
of these measures
- Explain the role of the digitalization for financial
reporting
- Understand the role of ethics in preparing and using accounting
information
|
| Examination |
The exam in the subject consists of two parts:
| Midterm -
Financial Accounting and Reporting and its Digital
Context: | | Sub exam weight | 15% | | Examination form | Written sit-in exam on CBS'
computers | | Individual or group exam | Individual exam | | Assignment type | Multiple choice | | Duration | 2 hours | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Autumn | | Aids | Limited aids, see the list below:
The student is allowed to bring - Non-programmable, financial calculators: HP10bll+ or Texas BA
II Plus
- Language dictionaries in paper format
The student will have access to - Advanced IT application package
| | Make-up exam/re-exam | Same examination form as the ordinary exam If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination instead. The re-take follows the same rules
as the regular examination. | Description of the exam
procedure
The learning objectives relevant for this partial exam are - Apply the accounting equation and double entry-accounting
- Explain the difference between cash and accrual
accounting
|
| Final exam -
Financial Accounting and Reporting and its Digital
Context: | | Sub exam weight | 85% | | Examination form | Written sit-in exam on CBS'
computers | | Individual or group exam | Individual exam | | Assignment type | Written assignment | | Duration | 4 hours | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Winter | | Aids | Limited aids, see the list below:
The student is allowed to bring - Non-programmable, financial calculators: HP10bll+ or Texas BA
II Plus
- Language dictionaries in paper format
The student will have access to - Advanced IT application package
| | Make-up exam/re-exam | Same examination form as the ordinary exam If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination instead. The re-take follows the same rules
as the regular examination. | Description of the exam
procedure
All listed learning objectives are relevant for the final
exam. |
|
| Course content, structure and pedagogical
approach |
- Accounting as a form of communication
- Financial statements and Annual Reports
- Double-entry bookkeeping
- Cash basis and accrual basis of accounting
- Inventories and Cost of Goods Sold
- Cash, receivables and short term investments
- Fixed Assets (Tangible & Intangible)
- Goodwill
- Current Liabilities, Present Value, and Long-term
liabilities
- Shareholders’ Equity
- Cash Flow Statements
- Financial Statement Analysis
|
| Description of the teaching methods |
| The teaching sessions comprise lectures and class
discussions as well as practical exercises. Problems and exercises
are at times given for homework and to be included as a part of
class discussions. Various mini case problems are considered,
whereby students are expected to analyze and interpret the accounts
of a company under certain conditions. In addition to the sessions
there are workshops to work through more extensive financial
reporting and accounting problems and to when required review the
most important points of the lectures through supplementary
exercises, and thus prepare students even better for the final
examination. |
| Feedback during the teaching period |
| During the semester, students will have the
possibility to obtain feedback on their performance in the exercise
sessions as well as in the wake of their results of the midterm
exam. Apart from these occasions to obtain feedback that are
embedded in the structure of the course, students will have to
actively seek feedback from the teacher. This can be done during
the teacher's office hours. |
| Student workload |
| Classes |
33 hours |
| Workshop / Exercises |
9 hours |
| Preparation for classes / the exam |
164 hours |
|
| Expected literature |
|
Financial Accounting: The Impact on Decision Makers,
10th edition (2017)
Author: Norton & Porter
Publisher: Cengage Learning
|
Last updated on
28/06/2019
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